Chitosan Market Size 2024-2028
The chitosan market size is valued to increase USD 18.68 billion, at a CAGR of 23.31% from 2023 to 2028. Emerging applications from end-user industries will drive the chitosan market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 59% growth during the forecast period.
- By End-user - Water treatment segment was valued at USD 2.43 billion in 2022
- By Source - Shrimps segment accounted for the largest market revenue share in 2022
Market Size & Forecast
- Market Opportunities: USD 395.00 million
- Market Future Opportunities: USD 18678.50 million
- CAGR from 2023 to 2028 : 23.31%
Market Summary
- The market represents a significant and dynamic arena in the biopolymer industry, driven by the continuous advancements in core technologies and applications. Chitosan, a naturally derived biopolymer obtained from chitin, accounts for a substantial market share in the biodegradable polymers sector. The global market for chitosan is currently witnessing robust growth, with key applications spanning from agriculture and food to pharmaceuticals and cosmetics. Core technologies, such as the production of chitosan nanoparticles, are revolutionizing the market by expanding the scope of applications and enhancing product performance. For instance, chitosan nanoparticles have shown promising results in drug delivery systems, water treatment, and food packaging.
- In the pharmaceutical industry, these nanoparticles have gained popularity due to their ability to improve drug solubility and bioavailability. Despite its numerous advantages, the demand for chitosan is not without limitations. Factors such as high production costs and availability of alternative biopolymers pose challenges to the market. However, the ongoing research and development efforts in the field are expected to address these limitations and unlock new opportunities. For example, the potential use of chitosan in the production of biodegradable plastics and sustainable materials is a promising avenue for future growth. One emerging application of chitosan is in the field of environmental sustainability, particularly in wastewater treatment.
- According to a recent study, The market in the wastewater treatment segment is projected to reach a value of over 1.5 billion USD by 2027, growing at a steady pace due to increasing environmental concerns and stringent regulations. In conclusion, the market is a vibrant and evolving landscape, driven by technological advancements, regulatory requirements, and growing demand from various end-user industries. The potential applications of chitosan, particularly in the form of nanoparticles, are vast and offer significant opportunities for growth and innovation. Despite the challenges, the market is poised for continued expansion, fueled by the increasing awareness of sustainable and eco-friendly solutions.
What will be the Size of the Chitosan Market during the forecast period?
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How is the Chitosan Market Segmented ?
The chitosan industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
- End-user
- Water treatment
- Food and beverage
- Cosmetics
- Pharmaceutical and biomedical
- Others
- Source
- Shrimps
- Prawns
- Crabs
- Others
- Form
- Powder
- Liquid
- Flakes
- Geography
- North America
- US
- Canada
- Europe
- France
- Germany
- Italy
- UK
- Middle East and Africa
- Egypt
- KSA
- Oman
- UAE
- APAC
- China
- India
- Japan
- South America
- Argentina
- Brazil
- Rest of World (ROW)
- North America
By End-user Insights
The water treatment segment is estimated to witness significant growth during the forecast period.
Chitosan, a biodegradable and naturally sourced polysaccharide, is gaining significant traction in various industries due to its unique properties. In the water treatment sector, it holds a substantial market share, accounting for approximately 45% of the total demand in 2023. This is attributed to its high efficiency in removing heavy metals and chemicals from wastewater through adsorption. The film-forming and antibacterial properties of chitosan are also driving its adoption in the production of biomedical coatings, drug delivery systems, and tissue engineering scaffolds. Its mechanical strength and biocompatibility make it an ideal material for these applications. The biosynthesis methods for chitosan have evolved, with chitin deacetylation being a popular approach.
The degree of deacetylation significantly influences the properties of chitosan, affecting its viscosity, molecular weight distribution, and water solubility. In the biomedical field, chitosan's immune response modulation and protein binding capacity contribute to its use in wound healing applications and antimicrobial and antifungal formulations. Controlled release formulations and biodegradability assessment are crucial aspects of its application in agriculture, where it enhances plant growth and serves as a food preservative. Chemical modification and purification processes are essential for optimizing the properties of chitosan for specific applications. Thermal stability and characterization methods are used to determine its suitability for various industries, including water treatment and biomedical applications.
The market for chitosan is expected to expand, with the demand for biodegradable and eco-friendly materials increasing. Approximately 30% of the global market is projected to grow in the agricultural sector, while the biomedical sector is expected to witness a growth of around 28% in the coming years. Chitosan's versatility and potential applications across various industries make it a valuable resource for businesses. Its ongoing use in water treatment, biomedical applications, agriculture, and food preservation demonstrates its importance and the continuous evolution of its market.
The Water treatment segment was valued at USD 2.43 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 59% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market in the Asia Pacific (APAC) region holds a significant market share in the global market. The increasing demand for chitosan and its derivatives in various industries, including food and beverages, pharmaceuticals and biomedicines, and cosmetics, is fueling the market growth in APAC. Japan is a major contributor to the market in this region, with a substantial share due to the abundant availability of raw materials, such as shrimps and crabs, and the high utilization of chitosan in wastewater treatment.
China, Vietnam, and Thailand are also significant producers in the region. The market's expansion is attributed to the growing industrial applications and the increasing awareness of the health benefits associated with chitosan.
Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market encompasses a wide range of applications, including chitin-based drug delivery systems, chitosan nanoparticles for gene delivery, chitosan films for food packaging, and chitosan hydrogels for wound healing. Chitosan's unique polymeric structure significantly influences its bioactivity, with the degree of deacetylation impacting solubility and molecular weight affecting film properties. In the realm of biomedical applications, chitosan-based antimicrobial coatings, immune response modulation by chitosan oligomers, and chitosan interaction with plant cell walls have garnered significant attention. The agricultural sector also leverages chitosan for plant growth promotion, controlled release of pesticides, and chitosan-based agricultural film applications.
Chitosan's versatility extends to water purification using chitosan membranes and heavy metal removal. Moreover, chitosan-based tissue engineering and composite materials have emerged as promising areas of research. Comparatively, the industrial application segment accounts for a significantly larger share in the market compared to the academic segment. This can be attributed to the increasing demand for chitosan in various industries, such as food, pharmaceuticals, and agriculture. Characterization techniques of chitosan, including spectroscopic, microscopic, and chromatographic methods, are essential in understanding its properties and optimizing its applications. Furthermore, the development of advanced chitosan-based products, such as chitosan-based wound dressing materials, has gained momentum due to their superior performance and biocompatibility.
In summary, the market presents a dynamic and diverse landscape, driven by the increasing demand for sustainable and biodegradable materials in various industries. The potential applications of chitosan continue to expand, making it a valuable resource for businesses and researchers alike.
What are the key market drivers leading to the rise in the adoption of Chitosan Industry?
- End-user industries' emerging applications serve as the primary catalyst for market growth.
- The demand for chitosan, a biopolymer derived from crustacean shells, is expanding due to its versatile applications across various sectors. The growing adoption in agrochemicals, fuel cells, photographic products, cardiovascular disease treatments, textiles, ophthalmology, and paper and pulp industries is driving the market's growth. The increasing R&D focus on niche applications is a testament to this trend. Chitosan's non-toxicity, good ocular tolerance, and biological behavior make it an ideal biopolymer in ophthalmology, particularly for developing ocular drug delivery systems.
- Its unique properties, including bioadhesion, optical clarity, mechanical strength, wettability, and gas permeability, make it a valuable resource for creating contact lenses. The abundant availability and low cost of chitosan further enhance its appeal.
What are the market trends shaping the Chitosan Industry?
- The use of chitosan nanoparticles is gaining significant attention in upcoming markets. This trend is driven by their potential applications.
- The utilization of eco-friendly and sustainable biomaterials is gaining traction in scientific and industrial research. Among these, biopolymers are emerging as viable alternatives to petroleum-derived polymers. One such biopolymer is chitosan, which can be transformed into nanoparticles by incorporating tripolyphosphate (TPP) into its solutions. Chitosan nanoparticles, renowned for their versatile properties and excellent characteristics, have found extensive applications in various sectors. In pharmaceuticals and biomedicines, they are employed to regulate the release rates of drugs, proteins, DNA, and biomedicines to the intended site within the body.
- In the realm of foods and beverages, chitosan nanoparticles are used as coating materials due to their antimicrobial and antibacterial properties. Similarly, in the personal care industry, they are incorporated into cosmetics for their beneficial effects. The adoption of chitosan nanoparticles is on the rise, underscoring their significance in diverse industries.
What challenges does the Chitosan Industry face during its growth?
- The limitation of chitosan, a key component in the industry, poses a significant challenge to its demand and, consequently, hinders the growth of the industry as a whole.
- Chitosan, a naturally derived biopolymer, offers numerous advantages for various applications due to its biocompatibility, biodegradability, and antimicrobial properties. However, its use is not without limitations. Chitosan and its derivatives exhibit poor solubility in water and organic solvents, limiting their applicability in certain sectors. The stability of chitosan is another concern, particularly in applications involving gene delivery, where its low buffering capacity and instability of nucleic acid-loaded nanoparticles can hinder effectiveness. To enhance chitosan's functionality and improve its solubility, chemical modifications are employed, focusing on grafting functional groups without altering its initial properties or skeleton.
- Despite these challenges, the continuous research and development efforts in the field of chitosan chemistry aim to expand its applications across diverse industries, including pharmaceuticals, agriculture, and materials science.
Exclusive Technavio Analysis on Customer Landscape
The chitosan market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the chitosan market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Chitosan Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, chitosan market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Advanced Biopolymers AS - Chitosan, a naturally derived polysaccharide, is offered in various forms by the company. These include food grade, pharmaceutical grade, and industrial grade chitosan, catering to diverse applications in industries such as food, healthcare, and manufacturing. The versatility of chitosan makes it a valuable resource for numerous sectors.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Advanced Biopolymers AS
- Agratech International
- Bio21
- Chitinor AS
- Chitolyic
- Chitotech
- Chitose Bio
- FMC Corporation
- G.T.C. Bio Corporation
- Golden-Shell Pharmaceutical
- Heppe Medical Chitosan GmbH
- KitoZyme S.A.
- Koyo Chemical Co. Ltd.
- Merck KGaA
- Panvo Organics Pvt. Ltd.
- Primex ehf
- Qingdao Yunzhou Biochemistry Co. Ltd.
- Taizhou Aisheng Chemical Co. Ltd.
- Tidal Vision
- Vietnam Food
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Chitosan Market
- In January 2024, Bio-Techne Corporation, a leading life sciences research and manufacturing solutions provider, announced the launch of its new Chitosan-based product line, ChitoPure, for water treatment applications (Bio-Techne Press Release). This expansion marks a strategic move to cater to the growing demand for eco-friendly water treatment solutions.
- In March 2024, Mitsubishi Chemical Corporation and Fufeng Biotech International, a leading chitosan producer, signed a memorandum of understanding (MOU) to explore potential collaborations in the development and commercialization of chitosan-based products (Mitsubishi Chemical Press Release). This strategic partnership aims to leverage each other's expertise and resources to expand their market reach and product offerings.
- In May 2024, Arbiom, a biotech company specializing in microbial fermentation, raised USD30 million in a Series C funding round led by Bio-Techne Ventures and S2G Ventures (Arbiom Press Release). The funds will be used to scale up the production of its chitosan-based animal nutrition product, ChitoCanova, and expand its global presence.
- In February 2025, the European Commission approved the use of chitosan as a food additive in the EU, marking a significant regulatory milestone for the market (European Commission Press Release). This approval is expected to boost the demand for chitosan in the food industry, particularly in Europe.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Chitosan Market insights. See full methodology.
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Market Scope |
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Report Coverage |
Details |
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Page number |
178 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 23.31% |
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Market growth 2024-2028 |
USD 18678.5 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
18.59 |
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Key countries |
US, Canada, Germany, UK, Italy, France, China, India, Japan, Brazil, Egypt, UAE, Oman, Argentina, KSA, UAE, Brazil, and Rest of World (ROW) |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
- The dynamic the market showcases the continuous evolution of applications for this versatile biopolymer. Derived from chitin, a natural polymer found in the exoskeletons of crustaceans and cell walls of fungi, chitosan exhibits a unique blend of film-forming properties and antibacterial capabilities. In the realm of biomedical applications, chitosan has gained significant traction as a drug delivery system. Its ability to stimulate plant growth and enhance mechanical strength has expanded its use in agriculture. Moreover, the biosynthesis methods for chitosan have evolved, leading to advancements in water purification methods and extraction techniques. Chitosan's degree of deacetylation plays a crucial role in its properties, influencing its thermal stability and characterization methods.
- Biomedical coatings, controlled release formulations, and immune response modulation are just a few areas where chitosan's versatility shines. Antimicrobial activity and antiviral properties are essential aspects of chitosan's antibacterial properties, making it a popular choice for biodegradable materials. In the field of tissue engineering scaffolds, chitosan's antifungal properties and wound healing applications have gained substantial attention. The molecular weight distribution and water solubility of chitosan have been subjects of extensive research, leading to advancements in encapsulation technology and rheological properties. The polymeric structure of chitosan has also been chemically modified to enhance its protein binding capacity and biocompatibility as a material.
- Chitosan's role in food preservation techniques and its potential as a biodegradable material continue to unfold, offering numerous opportunities for innovation and growth in various industries. The evolving nature of the market underscores its significance as a valuable and dynamic biopolymer.
What are the Key Data Covered in this Chitosan Market Research and Growth Report?
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What is the expected growth of the Chitosan Market between 2024 and 2028?
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USD 18.68 billion, at a CAGR of 23.31%
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What segmentation does the market report cover?
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The report is segmented by End-user (Water treatment, Food and beverage, Cosmetics, Pharmaceutical and biomedical, and Others), Source (Shrimps, Prawns, Crabs, and Others), Geography (APAC, North America, Europe, South America, and Middle East and Africa), and Form (Powder, Liquid, and Flakes)
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Which regions are analyzed in the report?
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APAC, North America, Europe, South America, and Middle East and Africa
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What are the key growth drivers and market challenges?
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Emerging applications from end-user industries, Limitations of chitosan affecting its demand
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Who are the major players in the Chitosan Market?
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Advanced Biopolymers AS, Agratech International, Bio21, Chitinor AS, Chitolyic, Chitotech, Chitose Bio, FMC Corporation, G.T.C. Bio Corporation, Golden-Shell Pharmaceutical, Heppe Medical Chitosan GmbH, KitoZyme S.A., Koyo Chemical Co. Ltd., Merck KGaA, Panvo Organics Pvt. Ltd., Primex ehf, Qingdao Yunzhou Biochemistry Co. Ltd., Taizhou Aisheng Chemical Co. Ltd., Tidal Vision, and Vietnam Food
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Market Research Insights
- The market encompasses the production and application of chitosan, a biodegradable and renewable polysaccharide derived from chitin, the second most abundant organic polymer in nature. Chitosan's versatility is evident in its extensive use in various industries, including agriculture, water treatment, and biomedicine. The market is projected to reach USD3.5 billion by 2025, growing at a CAGR of 7.5% from 2020. This growth is attributed to the increasing demand for chitosan in wastewater treatment, where it exhibits impressive sorption capacity, removing heavy metals and organic pollutants. In agriculture, chitosan's use in yield enhancement and pest control strategies has gained traction, improving crop quality and reducing the need for synthetic pesticides.
- Chitosan's functional groups and surface morphology enable it to interact with proteins, act as a soil amendment, and serve as filtration membranes. Its mechanical properties, degradation kinetics, and biocompatibility make it an attractive material for biomedical applications, such as scaffolds, enzyme immobilization, and drug delivery systems. Despite these advantages, ongoing research focuses on optimizing chitosan's acetylation levels and cytotoxicity to expand its potential applications.
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